June Energy Update - Opportunities for U.S. Exporters!

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Energy Update - June 2017


Market of the Month

indiamom

The Indian market with its one billion plus population, presents lucrative and diverse opportunities for U.S. exporters with the right products, services, and commitment. India’s requirements for equipments and services for major sectors such as energy, environmental, healthcare, high-tech, infrastructure, transportation, and defense will exceed tens of billions of dollars in the mid-term as the Indian economy further globalizes and expands.

In 2016, India was the seventeenth greatest destination for U.S. exports of O&G equipment at $279 million, its highest level in three years. The most significant U.S. exports to India were parts for boring or sinking machinery, floating production platforms, and downhole wireline tools. 

LNG and the technologies and services that support natural gas imports and consumption are a bright spot for foreign companies looking to do business in India’s O&G sector. Companies can expect India’s natural gas demand growth to increase due to government initiatives to reduce pollution through increased power generation from cleaner fuel sources. On February 1, 2017, Prime Minister Modi reduced natural gas import taxes from five percent to 2.5 percent, which will help drive down natural gas costs for domestic consumers. In addition, India is constructing four new LNG import terminals, which will support greater LNG import capacity. India’s ability to transport natural gas imports to domestic consumers is also improving as a result of infrastructure buildouts, and the most recent development is GAIL’s approval of a portion of the 440km Kochi-Mangalore natural gas pipeline. 

 CS India Webpage * Country Commercial Guide  *


Event Spotlight

Trade Winds

TRADE WINDS - Southeast Europe

ROMANIA – BULGARIA – CROATIA – GREECE - SERBIA | OCT 2017

Join TRADE WINDS – Southeast Europe Trade Mission & Business forum and get connected to the following energy opportunities in the region.

Our local, in-country, commercial specialists have identified the energy sector as one with top prospects for sales in Southeast Europe. Below are some of the specific projects & areas of interest that may be of interest to U.S. companies in the energy sector.

We encourage you to register your interest for Trade Winds 2017 – Southeast Europe to receive free preliminary market assessments at no cost or obligation. Trade Winds sells out quickly, and the limited number of available spots in each of these markets are offered on a first-come, first-served basis. 

Contact leslie.drake@trade.gov for more information, and visit export.gov/tradewinds

  • Serbia - Gas pipeline projects
  • Romania – Renewable energy for commercial and residential buildings
  • Greece – Development of the Trans Adriatic Pipeline, solar & hydrocarbons exploration projects
  • Croatia – On-shore oil& gas exploration
  • Bulgaria – Power generation, oil & gas, energy efficiency projects

Trade Events

For a complete listing of US Commercial Service  Global Energy Team supported events through 2017, click here.


Trade Leads


Market Research


Did You Know...?

EC

The International Trade Administration’s Enforcement & Compliance (E&C) division safeguards and enhances the competitive strength of U.S. industries against unfair trade through the enforcement of U.S. antidumping duty (AD) and countervailing duty (CVD) trade laws and ensures compliance with trade agreements negotiated on behalf of U.S. industries.

Information to get started:

E&C Offices

For more information, please contact your local trade specialist here. 


The Global Energy Team of the U.S. Commercial Service is dedicated to enhancing the global competitiveness of the U.S. energy industry, expanding market access, and increasing exports. To learn more about you how you can receive assistance in finding market intelligence, developing your export strategy, connecting with international buyers, or support at trade events, contact your Local Trade Specialists in one of our 100 U.S. Export Assistance Centers around the U.S. Visit our Energy webpage.

Questions about the Energy Update: Contact Danielle Caltabiano.


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